Question: Problem 2 ( 8 points ) In an initial survey designed to estimate the percentage of time air - express cargo loaders are idle, an

Problem 2(8 points)
In an initial survey designed to estimate the percentage of time air-express cargo loaders are idle, an
analyst found that loaders were idle in 8 of the 50 observations.
a. What is the estimated percentage of idle time?
Estimated percentage of idle time:
Student name:
b. Based on the initial results, approximately how many observations would you require to
estimate the actual percentage of idle time to within 7 percent with a confidence of 99
percent? (Do not round intermediate calculations. Round up your final answer to the
next whole number.)
 Problem 2(8 points) In an initial survey designed to estimate the

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